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Albinder Dhindsa, Founder of Grofers and CEO of Blinkit, is set to become Group CEO of Eternal Ltd, succeeding Deepinder Goyal, after leading Blinkit to rapid growth and profitability.
CESC Green Power Ltd signed an MoU with the Uttar Pradesh government to set up a 3GW solar cell and module plant, a 60 MW solar power plant, R&D facilities, and ancillary units, at an investment of around ₹3,800 crore; this comes on the heels of a ₹4,500-cr project in Odisha.
Unlisted shares of Shadowfax Technologies Ltd are trading at Rs 128 apiece in the grey market, which is a 3.23% premium over the upper IPO price, indicating a subdued listing.
The deal underscores a strategic shift as the AI industry pivots from model training to large-scale deployment. The post NVIDIA Invests $150 Million in AI Inference Startup Baseten appeared first on Analytics India Magazine .
ZET gains NPCI approval as TPAP, launches ZET UPI for RuPay credit card-linked UPI payments, powered by Juspay and RBL Bank, offering cashback and credit-building for first-time borrowers.
Deepinder Goyal Resignation: 'Today, I am going to step away from the Group CEO role, and... will remain on the board of directors as vice-chairman,' says Goyal.
Deepinder Goyal has stepped aside as Group CEO at Eternal to focus on high-risk ventures spanning longevity research, brain-health wearables and hybrid-electric aircraft, pursued outside the listed company.
In a letter to shareholders, Goyal says that over time, he has become increasingly interested in exploring ideas that involve significantly higher levels of risk & experimentation.
Albinder Dhindsa is best known as the co-founder and CEO of Blinkit, one of India's fastest-growing quick-commerce platforms, previously known as Grofers.
The equity infusion will be provided by the Department of Financial Services (DFS) and will be divided into three tranches of ₹3,000 crore in 2025-26, and ₹1,000 crore each in 2026-27 and 2027-28
Exfinity Venture Partners has filed with SEBI to launch its fourth fund, targeting a corpus of Rs 1,100 crore, as the deeptech focused venture capital firm builds on recent cross-border exits and a full capital return from its 2016-vintage Fund II. The Bengaluru-based firm plans to retain an early-stage investment strategy for Fund IV, while allocating a larger share of capital to follow-on rounds. The shift reflects the longer build and commercialisation cycles typical of deep-tech businesses, partners Chinnu Senthilkumar and Jesper Ludolph told ETEntrepreneur. Cheque sizes are expected to rise modestly, with Exfinity continuing to target 10–20 per cent ownership in portfolio companies. Fund IV will focus on semiconductors, physical AI, advanced compute, robotics and enterprise AI software. It will also expand into newer categories such as photonics, quantum computing, hydrogen and energy systems, life sciences, climate technology and mobility. The firm has not previously invested ...
IndiaMART’s long-term growth strategy now involves prioritising AI-driven tools to enhance operational efficiency and supplier retention. The company is also exploring quick-commerce partnerships and stepping up efforts to deepen its footprint in southern India even as competition revs up.
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